CHFTHB Maintains Defensive StrengthSWISS FRANC / THAI BAHTFX_IDC:CHFTHBYES_GroupMarket Analysis: CHFTHB is anticipated to trade flat to slightly firmer as a safe-haven asset, following the SNB’s decision to hold its policy rate at 0.00% during its latest meeting. Despite a quiet Swiss economic calendar today, global interest rate uncertainties and widespread investor caution regarding global growth continue to support short-term demand for the Swiss Franc. Technical Outlook: The overall chart exhibits a sideways pattern within a consolidation block, coming after a previous sharp downward correction. The price is currently fluctuating between support at 40.68 and resistance at 40.78 – 40.81. The RSI is hovering near 50, showing a balance between buyers and sellers, while the MACD is flattening close to the zero line, suggesting that bearish momentum is stalling. If the price successfully clears 40.78, a recovery towards 40.81 and 40.84 could unfold. Risks: The price remains below its EMAs and has failed to convincingly overcome the 40.78 – 40.81 resistance zone, exposing it to selling pressure on bounces. Moreover, the RSI’s inability to establish itself firmly above 50 underlines weak buying interest. Breaking below the 40.68 support level would open up downside targets toward 40.66 and lower. Support Level : 40.71 – 40.68 Target : 40.81 – 40.84 Stop Loss / Cut Loss : 40.67